Bitcoin Is Boosting Business at This 92-Year-Old Burger Chain
TL;DR
- Steak ’n Shake says Bitcoin payments have helped support a sharp rise in same-store sales.
- Its parent, Biglari Holdings, reported a 13.8% increase in domestic comparable sales during Q2 2026.
- The chain now combines Lightning payments, a Strategic Bitcoin Reserve and employee BTC bonuses, turning crypto from a checkout option into part of its operating and treasury strategy.
Bitcoin is becoming part of the business model at Steak ’n Shake, the burger chain founded in 1934, more than 15 months after it began accepting the cryptocurrency at its restaurants. The company says Bitcoin has helped attract customers while adding another payment and treasury option.
From the moment we started accepting Bitcoin payments, Steak n Shake has produced the best same-store sales in the fast food industry.
Bitcoiners continue to help our business. We have never seen an allegiance as strong as Bitcoin holders'. The increased business and savings…
- Steak 'n Shake (@SteaknShake) August 30, 2026
Steak ’n Shake said on Aug. 30 that customers using Bitcoin continue to support its restaurants and that stronger business, along with savings, has helped the chain reinvest in food quality. The company also described itself as a Bitcoin company.
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